Olam is fighting back against Muddy Waters: Olam International Ltd. (OLMIF), the world’s second-largest rice trader, filed a lawsuit against investment firm Muddy Waters LLC and its founder Carson Block after he questioned the commodity …
Search Results for: performance
November 20, 2012
Bernanke upped the stakes in the fiscal cliff negotiations: Federal Reserve Chairman Ben S. Bernanke said that an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth, while failure …
November 19, 2012
Location, location, location! Prices in the U.K. capital increased 1.2 percent to an average 483,709 pounds ($766,500), the operator of Britain’s biggest property website said in a report today. Properties in the city’s nine most …
TXPL: New Preferred Share Index with ETF (ZPR)
Standard & Poor’s has announced: the launch of three new Canadian indices: the S&P/TSX Preferred Share Laddered index, the S&P/TSX Equal Weight Global Gold index and the S&P/TSX Equal Weight Industrials index. Each of the …
November 16, 2012
The US gift to the farmers’ lobbyists will continue: President Barack Obama’s administration rejected a request from the governors of eight U.S. states to waive requirements for blending corn-based ethanol into gasoline, said a person …
November 15, 2012
It will be interesting to learn all the unintended consequences: As France begins collecting its financial-transactions tax this month, it is becoming evident that President Francois Hollande’s levy is hitting all but the people it …
November 14, 2012
There’s an interesting straw in the wind for junk bonds: Investors yanked a record volume of cash from BlackRock Inc.’s exchange-traded fund that buys junk bonds as the notes lose value for the first month …
BBD Downgraded by S&P; Preferreds Unaffected
Standard & Poor’s has announced: •We are lowering our long-term corporate rating on Bombardier Inc. to ‘BB’ from ‘BB+’. •The downgrade reflects what we view as the company’s significantly lower-than-expected cash generation in 2012 due …
November 13, 2012
Today’s inspiring photograph has been taken from the website of a company owned by a distant relative. Click for big It was another mixed day for the Canadian preferred share market, with PerpetualPremiums gaining 1bp, …
November 12, 2012
Bloomberg has an interesting bit of gossip about algorithmic trading: Wall Street’s credit-derivatives traders, who before the financial crisis commanded $2 million of annual pay, are being replaced by machines as banks cut costs and …